331 Business, Freeport, FL 32439
FOR SALE
NEW - 5 HRS AGO
9.11 ACRES

331 Business
Freeport, FL 32439

    $1,000,000

    Est. Mortgage $5,912/mo*
    Get Pre-Qualified

    $1,000,000

    Est. Mortgage $5,912/mo*
    Get Pre-Qualified
    (on 9.11 acres)

    Home Highlights

    Listed
    Less than a day ago

    Local Information

    • Map ViewExplore the area around 331 Business.
    • Schools2 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    Great Development Opportunity in the City Limits of Freeport, Florida. 10 +/- acres located on Business Highway 331 in Freeport. Freeport is considered one of the fastest growing cities in Florida. Approximately 500 feet of highway frontage on Business Highway 331 zoned R-3 High Density Residential with a Flood Zone Rating of X makes this an ideal property for development. City water, city sewer and power are available. Freeport, Elementary, Freeport Middle School and Freeport High School are located within 2 miles of this property. Freeport Industrial park is located approximately1/2 miles from this property. Additional land is available. Please see MLS#932565 for information. Only 20 minutes to the Beaches of South Walton, 10 minutes to Choctawhatchee Bay, 30 minutes to Eglin Air Force Base, and only 15 minutes to Interstate 10 and DeFuniak Springs. Power, water and sewer are available on this property. Property is ideally located for development.

    Home Details for 331 Business

    Interior Features

    View
    No View

    Exterior Features

    Frontage
    Road Frontage: City Street, Private Road, HighwayNot on Waterfront

    Days on Market

    Days on Market: <1 day on Trulia

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 031S19230600000000

    Price & Status

    Price
    List Price: $1,000,000

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: FreeportCommunity: 03-1S-19-23060-000-0000
    School Information
    Elementary School: FreeportJr High / Middle School: FreeportHigh School: Freeport

    Agent Information

    Listing Agent
    Listing ID: 1008702

    Lot Information

    Lot Area: 9.11 Acres

    Miscellaneous

    Mls Number: 1008702
    Last check for updates: about 2 hours ago
    Listing courtesy of Donyer R Miller, (850) 598-4250
    Brannon Real Estate Services
    Elizabeth L Brannon, (850) 585-8016
    Brannon Real Estate Services
    Source: ECAOR, MLS#1008702
    Also Listed on ECAOR.

    Market trends in Freeport

    Last updated June 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $357K
    $35.83K    MoM
    Sale-to-List Price
    97.0%
    0.2%    MoM
    Price per sq ft
    $207
    $9    MoM
    Available listings
    336
    21    MoM

    Price History for 331 Business

    DatePriceEventSource
    07/29/2026$1,000,000Listed For SaleECAOR #1008702
    08/12/2021$189,900Sold
    N/A
    01/21/2005$175,000Sold
    N/A
    04/17/2003$12,500Sold
    N/A

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    Property Tax and Assessment

    Year2025
    Tax$2,305
    Assessment$210,213
    Home facts updated by county records

    Comparable Sales for 331 Business

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    Sandhill Ct, Freeport, FL
    0.24
    Lot/Land
    $67,000
    01/30/26
    -
    -
    331 Business, Freeport, FL
    0.50
    Lot/Land
    $80,000
    08/01/25
    -
    -
    463 Kylea Laird Dr, Freeport, FL
    1.25
    Lot/Land
    $215,000
    04/24/26
    -
    -
    87 Pecan Dr, Freeport, FL
    1.36
    Lot/Land
    $225,000
    03/12/26
    -
    -
    W Highway 20, Freeport, FL
    1.28
    Lot/Land
    $390,000
    11/21/25
    -
    -
    Zz Street Hwy #20, Freeport, FL
    1.28
    Lot/Land
    $636,500
    11/24/25
    -
    -
    X Kaylea Rd, Freeport, FL
    1.75
    Lot/Land
    $130,000
    08/01/25
    -
    -
    State Highway 20 W, Freeport, FL
    1.55
    Lot/Land
    $125,000
    07/31/25
    -
    -
    23 Reserve At Hammock Bay, Freeport, FL
    1.97
    Lot/Land
    $429,000
    11/07/25
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for 331 Business.
    View nearby schools on GreatSchools
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    What Locals Say about Freeport

    At least 61 Trulia users voted on each feature.

    • 91 % Say parking is easy

    • 87 % Say car is needed

    • 86 % Say yards are well-kept

    • 85 % Say it's dog friendly

    • 79 % Say there's holiday spirit

    • 79 % Say it's quiet

    • 67 % Say kids play outside

    • 62 % Say there's wildlife

    • 62 % Say people would walk alone at night

    • 56 % Say neighbors are friendly

    • 56 % Say they plan to stay for at least 5 years

    • 51 % Say there are sidewalks

    • 39 % Say streets are well-lit

    • 36 % Say there are community events

    • 26 % Say it's walkable to grocery stores

    • 15 % Say it's walkable to restaurants

    Sourced by Trulia users. Learn more about our methodology.
    • Julie Fletcher
      "4th of July and other community holiday events. Person to person fundraising for the schools and local teams."
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    • Nwflconnelly
      "Mix of old and new. Lots of green belt areas. Wildlife is prevalent and a part of the neighborhood "
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    • Nwflconnelly
      "Watch out for coyotes and owls. This area is very rural. Also, there are no sidewalks in the neighborhood."
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    • Julie Fletcher
      "There is no public transportation, so it must have a car to get anywhere outside of the town. Could possibly bike a walk to other businesses in the area. But the town has gotten pretty spread out so that might be difficult."
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    • Nwflconnelly
      "The street is quiet and we have water views. The wildlife still has room to roam and maintain the natural habitat "
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    • Julie Fletcher
      "I’ve lived here for four years people. It’s very family friendly. Schools are great and get A ratings. Neighbors are kind and courteous. We are 30 minutes from the sugar, white sand beaches of the Gulf of Mexico, and just 10 minutes from the Bay. There are a lot of nature and walking trails in the area. This is a great place to live if you’d like to go, boating, kayaking, paddle boarding or fishing. So many great spots in the area."
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    • Julie Fletcher
      "It’s very family friendly, with low crime and relatively clean living. Close to the grocery store and various other local restaurants and boutiques."
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    • Luis A.
      "I LIVE IN FREEPORT AND I CAN SAY ITS THE MOST PEACEFULL LITTLE TOWN I HAVE EVER LIVED IN, BEACHES AR LESS THEN 10 MILES AWAY , HAVE ALL THE AMENITIES I NEED AND MORE , BEST PART CRIME FREE AND EVERYONE KNOWS YOU IN OUR COMMUNITY...."
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    • Tom L.
      "Have have a car minimal access to other transportation - no public transportation options it is located far from the city which is how I like it"
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    • Tom L.
      "It’s Hammock Bay the rest of Freeport is not so nice although the town is growing as more businesses come here."
      1
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    • Kendra O.
      "Lived in this neighborhood since August 2019. Our little piece of paradise! Gray balance of seclusion, great neighbors, wildlife, bit close to activities and shopping. Snail town living at its best."
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    • India S.
      "There is no access to a dog park. I believe if we had a dog park it would benefit the health of community pets. "
      4
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    • Leticia
      "Some people are friendly some are arrogant One thing about having a toy here is keep everybody from being trashy they have to bide by the rules that I like that"
      1
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    • jimw
      "I'm fairly new to Freeport but it's a quiet place and no crime. It's also just 13 miles to the beach and that's what I wanted. "
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    • Leticia
      "Great place to live Dog farts recreation center three swimming pools tennis courts where community center walking trails"
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    • Tish L.
      "Small, rural town that is about to explode. 30 minutes to beautiful beaches, shopping, and there is always something to do within a short drive."
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    • Cm2rwoodruff
      "The range of ages in the neighborhoods. The diverse backgrounds that everyone comes from. The sense of community pride. "
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    • Darenhankins
      "Most people use personal vehicles to commute, and usually will travel 20-40 miles to work or school. "
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    LGBTQ Local Legal Protections

    Donyer R Miller, Brannon Real Estate Services
    Agent Phone: (850) 598-4250
    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Member number: 28189
    331 Business, Freeport, FL 32439 is a lot/land. This property is currently available for sale and was listed by ECAOR on Jul 29, 2026. The MLS # for this home is MLS# 1008702.